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To: Raymond Duray who wrote (1122)10/25/2000 12:21:41 AM
From: Ahda  Respond to of 46821
 
Probably nothing but hopefully someone will start looking a little closer. We the people of this country need clarity.

SEC inquiring into Amazon's accounting practices
By Troy Wolverton
Staff Writer, CNET News.com
October 24, 2000, 5:00 p.m. PT
update The Securities and Exchange Commission has launched an informal inquiry into Amazon's accounting practices related to the e-tailer's commerce network, the company said in an earnings report Tuesday.

Saying that it had responded to the inquiries, Amazon added in a statement that it has "reviewed the accounting for the transactions with its auditors and the SEC staff, and the company believes that the accounting treatment and disclosures were appropriate."